6 You have been asked to analyze the performance of two companies, Barrel Corp and Moon Inc. The 7 following financial information has been provided: 8 9 REQUIREMENT 10 a Prepare a common-size analysis of the 2022 Statement of Income for both companies in the yellow shaded section of the table below. (4 Marks) 11 12 13 Statement of Income Information: 14 15 16 17 Net sales 18 Cost of goods sold 19 Operating expenses 20 Net income < Cover Page Workbook Statistics Barrel Corp = 2022 300,000 205,000 40,000 55,000 Common-size 21 22 SPACE FOR YOUR WORK 23 24 25 26 27 28 29 30 31 32 a(i) Calculate the gross margin and the gross margin % for both companies (4 Marks) Forumla Sheet Ratio Forumla Sheet Shareholders Equity Moon Ltd 2022 2,700,000 1,800,000 350,000 550,000 Depreciation Financial Analysis Inventory Multiple Choice +